BANGALORE, India, September 16, 2011 – Magma® Design Automation Inc. (Nasdaq: LAVA), a provider of chip design software, today announced the “Best Paper” winners for MUSIC – Magma Users Summit on Integrated Circuits held here on September 7. Over 200 Magma users attended the annual event that featured 11 papers, a keynote by Balajee Sowrirajan, director of IC Engineering in the OMAP Business Unit at Texas Instruments, and a presentation given by Magma CEO Rajeev Madhavan.

The top award was presented to Vishweshwara Ramamurthy, Santhosh Thiyagaraja, Venkataraman R and Mahita Nagabhiru of Texas Instruments for their paper titled “Clock Tree Considerations for Improved Quality and Robustness.” Second place was awarded to Pavan Torvi, Thenappan Meyyappan, Shanti Rangaswamy, Tilak Wadhwa and Sanjay Singh of Texas Instruments for their paper titled “An Efficient Timing Closure Technique for High-Performance DSPs and Accelerators with OTB Routing in 40 nm.”

Two third-place awards were given to authors from Qualcomm and ARM. Qualcomm’s Sivakumar Jeyaprakash won for his paper titled “Characterization Cycle-Time Reduction of Complex DDR I/Os Using SiliconSmart® ACE.” Kartikay Shrama, Nirav Patel, Tejas Gurjar and Prashant Lokeshwar of ARM won for their paper titled “FineSim™ Pro: A Fast Circuit Simulator for Efficient IP Development.”

Rajeev Madhavan, Chairman and CEO of Magma Design Automation, presented a keynote highlighting the trend towards vertical integration in major product markets in which companies are aggregating silicon,services and software to gain tighter control over the quality of their electronic end products. Greater vertical integration in electronics manufacturing requires greater silicon integration of complex analog and digital technology. He went on to explain how Magma supports this trend by providing advanced digital design, digital sign-off, analog design, analog verification and yield management capabilities that address the time-to-market, product differentiation, cost, power and performance requirements of emerging silicon devices.

Magma users who missed the conference will be able to access the MUSIC papers and presentations via MOLTEN, Magma’s online technical support portal. For more information, visit www.magma-da.com/MUSIC.

About Magma
Leading semiconductor companies worldwide use Magma’s electronic design automation (EDA) software to produce chips for a wide variety of vertical markets including tablet computing, mobile devices, electronic games, digital video, networking, military/aerospace and memory. Silicon One, Magma’s technology solutions for emerging silicon, address time to market, product differentiation, cost and performance while making silicon more profitable. Magma products include software for digital design, analog implementation, mixed-signal design, physical verification, circuit simulation, characterization and yield management. The company maintains headquarters in San Jose, Calif., and offices throughout North America, Europe, Japan, Asia and India. Magma’s stock trades on Nasdaq under the ticker symbol LAVA. Follow Magma on Twitter at www.Twitter.com/MagmaEDA and on Facebook at www.Facebook.com/Magma. Visit Magma Design Automation on the Web at www.magma-da.com

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Magma and SiliconSmart are registered trademarks and FineSim is a trademark of Magma Design Automation Inc. All other product and company names are trademarks or registered trademarks of their respective companies.

Forward-looking Statements:
Except for the historical information contained herein, the matters set forth in this press release, including statements about the features and benefits of Magma products, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially including but not limited to the ability of Magma products to produce the desired results and the company’s ability to keep pace with rapidly changing technology. Further discussion of these and other potential risk factors may be found in Magma's public filings with the Securities and Exchange Commission (www.sec.gov). The company undertakes no additional obligation to update these forward-looking statements.

Contacts:
Magma Design Automation
Monica Marmie
Director, Corporate Marketing
408-565-7689
mmarmie[at]magma-da[dot]com

Lloyd Pople
Magma Press Relations, Europe
EvokedSet
+44 7714 765 607
lloyd[at]evokedset[dot]com

Distributed on behalf of EvokedSet by NeonDrum news distribution service (http://www.neondrum.com)